Kay Ivey on Corporations

Tax relief to job creators and small businesses

Unlike the federal government who continues to increase the burden on small businesses through programs like ObamaCare, Alabama House Republicans are focused on providing needed tax relief to job creators. Currently, when Alabama small business owners
make sales tax payments, they are required to front the money based on an educated guess of the amount.

The Small Business Tax Relief Act will raise the threshold for making these estimated payments from $1,000 to $2,500 per month.
This could provide approximately 6,000 Alabama small business owners with an immediate, one-time tax cut of up to $2,500 and will inject approximately $4.6 million into the Alabama economy.

Under the Tax Elimination Act, we will give authority to the Alabama Department of Revenue to suspend taxes and fees when the cost of collecting the tax exceeds the amount of revenue the tax brings in.